Rideshare app Uber that also has food delivery business has declared that it may not achieve profitability soon on the eve of its IPO which is scheduled for launch soon. The firm’s shares will be listed on NYSE and it will be valued at $100 billion and during this occasion Uber stated that its recent
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Troubled store chain Debenhams recently said no to last offer for takeover by Sports Direct and its owner Ashley who owns stock in the group. After the last offer was rejected the group announced that its stores will stay open for the time-being though within a year some of them will be closed. Owner of
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It has been eleven years since the Great Recession happened and major parts of Europe are still suffering from the repercussions of it. However, the European Central Bank is still trying to handle the situation and prevent the situation from repeating itself and drowning in a state of civil unrest, unemployment, and poverty. There are
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The automobile company of Elon Musk, Tesla, has been creating quite a stir for its venture into automated and driverless cars which are being considered as hallmarks of the future. Recently, it has selected the interests of many when they announced that they were going to resort to a complete switch to the online selling
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U.S. Air Force is looking towards the private sector for making its space missions cost-effective. A recent example in this context was the awarding of a contract to Rocket Lab for its varied missions in 2019. This step was taken by the Air Force in view of the rising demand for affordable space rides for
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In January 2019, the Mars Helicopter of NASA was tested. Not more than 1.8 kilograms, the helicopter is a project that is presently going through a very tough verification process so that it certifies for Mars. Most of the testing involved the demonstration of how it would operate on Mars and how it performs on similar
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The previous Google Lunar X Prize was an exorbitant amount of $20mn. While this prize has expired, now there is a small consolation prize for any spacecraft which can land on the moon surface by April. The prize is from the X Prize Foundation. They announced this consolation prize on March 28, 2019. It declared
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